What are the financial stability risks in the US today? After March spasm, the Fed is seriously worried about maturity transformation by open-ended bond funds.
Chartbook Newsletter #4 reviews Fed, ECB and IMF Financial stability reports.
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By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
June 28, 2022
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from